Nick Henry
Appreciation or Cash Flow Focus When Starting Out
1 February 2025 | 20 replies
Where do you think a rehab is more likely to net the better sweat appreciation the high property value market or the low property value market?
Tom Borton
Help me analyze: Potential STR mountain cabin build (Packwood WA)
10 January 2025 | 14 replies
Currently we are seeing STR owners posting for sale due to reduction in prices they can get per night and the vacancy rate increasing.
Bryan Christopher
Post sale - Buyer making legal threats about an appliance
17 January 2025 | 7 replies
(We had already given them a reduction on the sale price under market.)
Nathan Gesner
Have you ever used your umbrella insurance policy?
15 January 2025 | 11 replies
They must be very low odds because insurance companies are in the business of making money, not paying out maximums.
Danielle Levy
Filing lawsuit against property management company
29 January 2025 | 20 replies
10) How often have you authorized a price reduction or incentive?
Spencer Cornelia
$50k Loss on First Two Flips | Out of State Investing Gone Wrong
19 January 2025 | 9 replies
But ultimately the responsibility lies in my hands.I jumped on a seesaw of risk hoping that the momentum would catapult my bank account into six figures only to find out the hard way that flipping houses isn’t as easy as I had predicted.This house was purchased for $64,000 with an expected rehab of $100k to $120k depending on how much work the dilapidated and neglected house needed.The midwest is lovely but the houses carry the weight of weather storms nearly a century old leading to more damage than a beginning investor could expect.The appraisal came in at $225k for my lender meaning our all-in cost would be around 85% of the sales price worst case.
Dallas Smith
Selling 2 properties
24 January 2025 | 5 replies
This allows for deferral of capital gains taxes until December 31, 2026, with potential reductions in the taxable amount if held long-term.
Brian Schamp
Post Hurricane Challenges
13 January 2025 | 2 replies
That one is a big deal for rebuilding.I've also heard of property tax reductions for properties significantly damaged during the storm.Depending on the property and what you want to do, the hurricanes affected property tax, insurance, and permitting in a lot of ways.
David Ivy
Austin Market Report - December 2024
18 January 2025 | 1 reply
So, if interest rates are a buyer’s primary roadblock, then I recommend negotiating a rate buydown at a seller’s expense or looking at new construction, where builders are offering rate reductions and other substantial incentives.What if I’m a seller?
Alpesh Parmar
Need HELOC for a property under LLC
30 January 2025 | 21 replies
I have done this before and I didn't have to wait for 6 to 12 months.As of now, most of the lenders have stopped HELOC because of rate reductions.